Global Heat Shrinkable Tube Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Heat Shrinkable Tube Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Heat shrinkable tube is a shrinkable plastic tube used to insulate wires, providing abrasion resistance and environmental protection for stranded and solid wire conductors, connections, joints and terminals in electrical work. It can also be used to repair the insulation on wires or to bundle them together, to protect wires or small parts from minor abrasion, and to create cable entry seals, offering environmental sealing protection. Heat shrink tubing is ordinarily made of nylon or polyolefin, which shrinks radially (but not longitudinally) when heated, to between one-half and one-sixth of its diameter.

Heat shrink tubing can be made of any one of a range of thermoplastics, including polyolefin, polyvinyl chloride (PVC), Viton® (for high-temp and corrosive environments), Neoprene®, polytetrafluoroethylene (PTFE), fluorinated ethylene propylene (FEP) and Kynar®. In addition to these polymers, some types of special-application heat shrink can also include an adhesive lining that helps to bond the tubing to underlying cables and connectors, forming strong seals that can often be waterproof. Another material that is sometimes added to heat shrink tubing is conductive polymer thick film, which provides an electrical connection between the two or more conductive objects that are being joined by the tubing – without the need to solder them first.

According to our (Global Info Research) latest study, the global Heat Shrinkable Tube market size was valued at US$ 5162 million in 2023 and is forecast to a readjusted size of USD 5595 million by 2030 with a CAGR of 1.2% during review period.

Global Heat Shrinkable Tube key players include TE Connectivity, Sumitomo Electric, DSG-Canus, etc. Global top three manufacturers hold a share over 25%.

North America is the largest market, with a share about 30%, followed by Europe, and China, both have a share over 40 percent.

In terms of product, Polyolefin Type is the largest segment, with a share over 45%. And in terms of application, the largest application is Wire and Cable, followed by Automotive, etc.

This report is a detailed and comprehensive analysis for global Heat Shrinkable Tube market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Heat Shrinkable Tube market size and forecasts, in consumption value ($ Million), sales quantity (M Meter), and average selling prices (USD/K Meter), 2019-2030

Global Heat Shrinkable Tube market size and forecasts by region and country, in consumption value ($ Million), sales quantity (M Meter), and average selling prices (USD/K Meter), 2019-2030

Global Heat Shrinkable Tube market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (M Meter), and average selling prices (USD/K Meter), 2019-2030

Global Heat Shrinkable Tube market shares of main players, shipments in revenue ($ Million), sales quantity (M Meter), and ASP (USD/K Meter), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Heat Shrinkable Tube

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Heat Shrinkable Tube market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include TE Connectivity, Sumitomo Electric, DSG-Canus, 3M, Changyuan Group, HellermannTyton, CIAC, Qualtek, Alpha Wire, Insultab, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Heat Shrinkable Tube market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Polyolefin Heat Shrinkable Tube
Fluoropolymer Heat Shrinkable Tube
Chlorinated Polyolefin Heat Shrinkable Tube
Others

Market segment by Application
Wire and Cable
Automotive
Appliances
Electronic Equipment
Others

Major players covered
TE Connectivity
Sumitomo Electric
DSG-Canus
3M
Changyuan Group
HellermannTyton
CIAC
Qualtek
Alpha Wire
Insultab
Dasheng Group
LG
Panduit
Molex
Woer
Thermosleeve USA
Shrinkflex
Salipt
Yun Lin Electronic
Zeus
Huaxiong Plastic

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Heat Shrinkable Tube product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Heat Shrinkable Tube, with price, sales quantity, revenue, and global market share of Heat Shrinkable Tube from 2019 to 2024.

Chapter 3, the Heat Shrinkable Tube competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Heat Shrinkable Tube breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Heat Shrinkable Tube market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Heat Shrinkable Tube.

Chapter 14 and 15, to describe Heat Shrinkable Tube sales channel, distributors, customers, research findings and conclusion.